News
CT income tax rate cut OK'd by finance committee
April 19, 2023
But overall tax-cutting plan is less generous than Gov. Ned Lamont’s proposal
CT may need to work around budget cap, top lawmakers hint
April 19, 2023
Core education, health care and social services could be at risk without more funding, they say.
Finance Panel Advances Revenue Package, Including Tax Cuts
April 19, 2023
The Connecticut legislature’s finance committee advanced a two-year tax plan on Wednesday that disqualifies some wealthier households from the income tax cuts proposed by Gov. Ned Lamont while broadening an expansion of the Earned Income Tax Credit for the working poor.
Spending cap expected to force CT panel to endorse lean budget
April 17, 2023
Leaders say cap debate will determine fate of higher education, social services and child care
CT income tax exemption for retirement earnings could expand
April 14, 2023
While a proposal to exempt all pension and annuity earnings from state taxation has bogged down, the General Assembly’s tax-writing committee has crafted a compromise that would exempt more middle-income retirees from paying taxes on these earnings.
Lawmakers Look To Scale Back Income Tax Cuts For The Wealthy
April 14, 2023
A legislative committee on finance policy heard testimony Friday on an income tax cut plan that scales back elements of tax relief proposed by Gov. Ned Lamont, which had extended to wealthier Connecticut households.
Senate Gives Final Approval to Pandemic Bonuses for State Workers
April 12, 2023
The Senate gave final approval Wednesday to an $49 million arbitrated agreement to provide bonuses to around 36,000 public sector employees who went to work throughout the first year of the COVID-19 pandemic.
House Votes in Favor of Pandemic Bonuses for State Workers
April 05, 2023
Around 36,000 state employees who worked in-person through the early pandemic will receive bonuses under a $49 million arbitration agreement approved Wednesday by lawmakers in the House.
Lawmakers Take A Closer Look At AI
April 05, 2023
Connecticut lawmakers are looking to take stock of the use of artificial intelligence and algorithms by state agencies to ensure that automated systems are not making critical decisions based on biases or discriminatory processes.
Its session three-fifths gone, CT legislature begins a crucial time
April 04, 2023
The 2023 session of the Connecticut General Assembly entered a quiet and crucial phase this week. All but the tax and budget committees have reached their deadlines for reporting bills to the floors of the House and Senate.
Lamont budget chief: Proposed cut makes tax system fairer
April 03, 2023
Progressives counter that poor, middle class need more relief than Lamont is offering.
Lawmakers To Debate Tax Cuts
April 03, 2023
Gov. Ned Lamont’s proposal to cut the income tax rate for the first time in 30 years will be front and center today during the Finance, Revenue, and Bonding Committee’s public hearing.
Progressives Challenge Lamont's Tax Cuts
April 03, 2023
Lawmakers on the Finance Committee defended a package of tax cuts proposed by Gov. Ned Lamont during a Monday hearing in which a progressive think tank argued that Connecticut should do more to offset the tax burden of low and middle income parents.
Some Bills That Didn't Make the Cut
April 03, 2023
By the end of last week, most legislative committees had hit key deadlines to advance bills and in the process left many proposals on the cutting room floor. Here’s a list of some bills that, barring any surprises, didn’t make the cut this year.
CT's health costs increasing twice as fast as goal set by Lamont
March 28, 2023
Only 5% of $34 billion in spending went to primary care.
Cannabis Concerns Grow With Recreational Sales Set To Start Next Month
December 19, 2022
Some members of Connecticut’s medical marijuana community are concerned about the recreational market with sales expected to start on Jan. 10, 2023. They are also concerned about the mold threshold allowed under Connecticut law.
CT leaders mull special session for essential worker relief, gas tax
September 29, 2022
Legislative leaders are considering calling a special session after the November election
‘Hero Pay' System Expected To Be Up And Running By End of Week
August 11, 2022
The crush of 30,000 applications for a $30 million program to compensate Connecticut workers who couldn’t work from home at the beginning of the pandemic is expected to be fully functional by the end of the week.
Here's how some CT small businesses, nonprofits are tackling diversity, equity and inclusion efforts
March 28, 2022
For nearly two years, the push to improve diversity, equity and inclusion (DEI) and the pandemic have been dominant issues in the workplace.
New Record Retention Requirements for Connecticut CPAs
August 18, 2021
The bill requires CPAs to keep work product and workpaper related to work for a client for at least seven years after creation unless the law requires a longer retention. Current law only specifies that CPAs must retain workpaper as required by law.